Join us as we speak with Neal Bawa, the mad scientist of multifamily investing. Neal is the founder and CEO of Grocapitus, a commercial real estate investment firm that applies data-driven insights to invest in over 2,000 doors and more than $250 million in both multifamily and self-storage assets. Neal is also the CEO of an apartment investing education company called MultifamilyU.
– Real estate overcorrects in a downturn. In the last recession, the biggest swing in values was 70%
– Investors can consolidate more than 10 single-family properties into portfolio loans
– Neal’s FREE Udemey real estate course teaches the 5 metrics to analyze a market prior to investing. It goes into detail about finding markets that have Goldilocks demographics less than $70,000 median income but greater than the poverty threshold. If too many people are below the poverty threshold you’ll have a lot higher turnover at your property. The typical stay for a healthy-performing property is 2.5 years.
– Out of 8,751 census zones, Neal and his team identified only about 300 that were investment grade. That means that on average, only 3% to 5% of opportunity zones are investable.